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SCONRES 39 Advanced toward a vote

Sets the Senate and House budget targets for fiscal year 2027 and sketches spending, revenue, and deficit levels through fiscal year 2036, with reconciliation instructions directing committees to propose specific deficit changes.

Official title: A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2027 and setting forth the appropriate budgetary levels for fiscal years 2028 through 2036.

Next stop Senate floor: awaiting a vote
Timeline each lane is a chamber; dates pull from congress.gov actions
Senate
Referred 07-AUG-2026
On the calendar 07-AUG-2026
Key points
  • Sets total federal revenue at $4.48 trillion and total spending authority at $5.97 trillion for fiscal year 2027, implying a deficit of $1.60 trillion for that year
  • Lists recommended spending levels for 20 major budget categories, including National Defense, Health, Medicare, Social Security, and Net Interest, for each year through 2036
  • Instructs House and Senate committees to report reconciliation changes, with the Senate Finance Committee directed to reduce the deficit by at least $500 billion over fiscal years 2027 through 2036
  • Sets reserve fund rules allowing the budget chairs to adjust spending limits for reconciliation bills that comply with those instructions, and provides adjustments for disaster relief, wildfire suppression, and fraud control
AI-generated from the Placed on Calendar Senate text of 07-AUG-2026 · verify · report an error
Official CRS summary

Current. The Congressional Research Service's summary covers the bill's latest wording (Introduced in Senate, 07-AUG-2026).

CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov
Committee referrals (1) Policy area

Economics and Public Finance

Sponsor Rand Paul (R-KY) Cosponsors · 0

No cosponsors.